????:1??????????:?????????

2?????

3?????

4???????????

5?????

???????????,????CAR-T(???T??????)????“????????”??????????

CAR-T????????,????????????????????:?????,???????????????“?????????????”???????????“??????????????,????”???,???????????????,?????

??????????“????????”,????????

?????????????? 11 ???????????,??????,99.9?CAR-T????????????????,???CAR-T?????????????????????1???????????????,????????CAR-T????,??,?120????????????????????CAR-T????????????60???

8??????????,??????????,??????CAR-T??6????????????????????CAR-T????“?????????”???????????,?????????????,??????????“??”???????????,??????????????????“??”??“???????”??????????,???????????????

???????????,??:????????“?????????”??“??”????,???????CAR-T???????????“???”????????,????????

??????????,?“?”????????????????,?????????????????,CAR-T????,??????

??????????????

???????????????70%???????????????????60%???,???“????????”??????41.3%?

????,??????????????,?????“???????”?????????????,????????????????????,????“?????????????”,??,????????

????????????CAR-T?,“??????????????”?????????????

???®(????)???????,?????2021???,??????????,????????,?????????????

?????????“????”???????????????,??8??,?,???????/???????,???????????????,???????????????????????4??CAR-T????

????????????,??,?????????29???????????,??????????30????????????????,??????????99.9???/??????????~120??????????????????/??????????CAR-T????????????????????,????????????????

?????????4?????????,?????????????????,??????????????,???????,????,????????CAR-T??????,??CAR-T?????????????

???,CAR-T??,?????????????????????“???????????”,?????“??????????”????????,????????????????CAR-T???????????,??????????????

??????????,???????????,???

????????????????????«???????»?????,???????,?????????????“?????”??????????,?????????“????????????????”??????,???????????????????????????????????????

??,CAR-T????,??????????????????:

??????????,CAR-T??100??????,????????????????????“?”????2023????????1.9???????????(19.4%)???1.7???(25.3%),?????????????,?“??”??????????,???????“???????????????????????????30???”???????,???????????“?????”?

????,??????????,???,??????,???????????????????????CAR-T?,??,????????????,??????????????????????????????????????,??“???”????

??????????

????????????,???CAR-T???,????????“????,????????????????????????”????????????????,??“?????????????”???

????????,???????????????????????????????????????????????????????????????????????????????????,??CAR-T??,?????????????????

?????????????1?????,?????????????“???”,????,????????60????????????????

??2024??,?????????????,??????????,??????????????????,??????,???????????

???????:“???????????????????????????,?,???????”

?????????,????,??,???“???”,?????,????????,????,??,????????,?,?????????????

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???????????,???????

?????“????”???????,??????????????????????????,????????

??,???????????,???????,????????????????????????,????????????

“????,????????300??????,???????????CAR-T??,CAR-T???????????????,??????????????????,???????????????,????‘??????????????????????????’?????,???,??,???????????????????????????,?????????,??,?????;?????,??????????,?????????????????????,?‘??’?”???

???????“?????????”?????????????????????????????????????,??????????????????????????,?????????????

???????????,????,?????????????????????????,??????????????????,??????????????????,???50?????????,??,????????,????????????????????

?????,????,???????,???????????????????????????????,?????

????????????????,?????,???????????????????,??????????“?????”,????????,?????????????????????????????????????????????????????????????,????

??????????,?????????????????,????????????????????,????

??????“???”,??????????????????,??????????????????????

?100??CAR-T????????,??????,????,??????????????????????????????????????????,???????????????????CAR-T????26??????????????????????,??,?????????????????????4????????????,???????

??????????“?”,??,?????????,????????????

“???????100???????????????,??CAR-T?????????????,??,??????????????,?????????,???”???????????,?????,??????????;????????????????????;????????????,?????,???????

CAR-T??????????????????

???????CAR-T?????????????????,?????????:CAR-T?????????????CAR-T???????????????

????CAR-T???????,?????????????????????????????????????,?,????????????CAR-T??,?????????????????????,??????????????

?????????????????,???????????“???????”??????,?,????????????????????????,??“???????”?????????????????,????,??????????????????????CAR-T???,????????,???

????,CAR-T?????????????????????????,?????????DRG/DIP?????????????,?????????????????????“??????”???,?????????????????“???????????,????????????,????????????”???

???????????,“?????????????????????”???????,????????????????????????????“???????”???????????????????????????,????????????CAR-T??????????????????

“??CAR-T???????50%~70%???”??????????CAR-T?????

????????,???????CAR-T?,??????????????,????,????????CAR-T?????????4.3?????????,????????????????????CAR-T????????????????????

??,?????,CAR-T?????,???????????,?CAR-T?????????????????

?????CAR-T??,???????PD-1???????????????,CAR-T????????,?????,?????????????????,????????????????,?????????,???????,??????????????????

???????????????????2024??3??1?????CAR-T?????(???)??????,? CAR-T??11 ???????,??????????6??????

?????“2025-2030????(CGT)??????????????”???,????,????????CAR-T????????????,2023?????20%,??????????????????????184?????,??????168?????????????????????

??,??????????????,??CAR-T??“??????”??????????

??????????,2032????????CAR-T??????????????885.2????????????,???????????????????“?????????????????????,??????”(? ?????????????????:?) ??????????????????:???